Check Availability
$9,500,000
↓ $750K (7.3%)
Commercial - For Sale

118 S Cedros Ave

Solana Beach, CA 92075
bedrooms
Studio
bathrooms
0 Bath
square feet
10382 Sqft
$46,647
Estimated Monthly
$0
HOA / Fees

About This Property

AVAILABLE FOR THE FIRST TIME IN 50 YEARS!  Introducing a once-in-a-lifetime chance to acquire a remarkable retail location in the highly coveted World Famous Designer District on Cedros Street, situated in the vibrant community of Solana Beach. For the first time in half a century, this extraordinary property has emerged onto the market, making it an exceptionally rare opportunity for discerning investors.  Property is 100% occupied with 2 well established tenants that have 2 years remaining plus One 5-Year option. Nestled within a thriving commercial hub, vacancies in this area are a rarity, underscoring the immense value and desirability of this offering. A mere 30 feet away from the prominent intersection of Lomas Santa Fe Drive and Cedros. The Cedros Design District boasts a lively atmosphere, attracting a diverse clientele of discerning shoppers and design enthusiasts. The prime location of these two separate 4,790sf and 5592sf spaces offers tremendous flexibility, catering to a range of businesses and commercial ventures.   Combine the two units (10,380 SF) seamlessly to create an expansive retail haven that will leave an indelible mark on the vibrant Solana Beach community. With a combined total of 17,662 cars passing by daily, your business will benefit from unparalleled exposure to a captive audience of potential customers. Adding to the allure of this remarkable location is its proximity to the renowned Belly Up Music Venue, a renowned cultural landmark that draws music aficionados from near and far.  Now is the time to seize this extraordinary opportunity to own a large retail location in the World Famous Designer District on Cedros Street. With its unmatched visibility, exceptional foot traffic, and the buzz of cultural activity surrounding it, this property promises to be a gateway to unparalleled business success and prosperity.

The manager has listed the unit size as 10382 square feet.
Unit Size
10,382Ft²
Days on Market
300 days
Land Size
-
Price per sqft
$915
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
Jeff Kane
Coldwell Banker West
Last updated: 3 days ago (MRMLSCA #NDP2305147)

Price History

Date / Event Date Event Price
Apr 26, 2024 Price Decreased $9,500,000
↓ $750K (7.3%)
Price Decreased
Dec 2, 2023 Price Decreased $10,250,000
↓ $500K (4.7%)
Price Decreased
Jul 3, 2023 Listed by Coldwell Banker West $10,750,000
Listed by Coldwell Banker West

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5.5 Baths
5,297 ft²
$1,878/ft²
$9,950,000 May 8, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

118 South Cedros Avenue 118 South Cedros Avenue, Solana Beach, CA 92075
  • 1 Unit for Sale
More about this Building
118 South Cedros Avenue
Want to find out who owns 118 South Cedros Avenue, Solana Beach, CA 92075? Get detailed property transactions here .

About Solana Beach


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